Danish fund tenders EM debt via IPE-Quest
DENMARK - A public pension fund in Denmark has tendered a mandate for 75 million euros in actively managed global emerging markets government debt via IPE-Quest.
The client wants the portfolio to be as close to fully invested as possible at all times, stipulating a maximum average of five percent held in cash during any one month.
The minimum track record is three years. During the initial screening, the focus will be on tracking error and information ratio. The closing date is August 26.